June 24, 2024 · Form 4 insider transaction
ERGEN CHARLES W sold 2,687,900 shares of EchoStar Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 2 days after the transaction.
The holder of Class B shares may elect to convert any or all of their Class B shares into an equal number of Class A shares at any time for no additional consideration.; Pursuant to the terms of the Ergen Two-Year June 2022 DISH GRAT (the "2022 June GRAT"), all 2,687,900 Class B shares held by the 2022 June GRAT were distributed as an annuity to Mr. Ergen on June 24, 2024. Following this distribution, the 2022 June GRAT expired pursuant to its terms.